Siemens Chief Faces Heat On Price For Equipment Maker

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

(FROM THE WALL STREET JOURNAL 1/26/15) By Christopher Alessi At Siemens AG's annual general meeting in Munich on Tuesday, shareholders likely will grill Chief Executive Joe Kaeser over the price he agreed in September to pay for U.S. oil equipment ...

Syriza's Challenge: an Empty Treasury

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

The clock is ticking for Syriza--the victorious antiausterity party in Greece's elections--to strike a deal with creditors to keep Greece solvent and in the euro. It wasn't clear yet late Sunday whether the left-wing party had won more than half ...

Leftists Sweep to Power in Greece -- 5th Update

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Charles Forelle, Nektaria Stamouli and Alkman Granitsas ATHENS--Greek voters handed power to a radical leftist party in national elections on Sunday, a popular rebellion against the bitter economic medicine Greece has swallowed for five years and a rebuke of ...

Markets Take Greek Result in Stride -- Update

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Tommy Stubbington European markets shrugged off a victory for antiausterity party Syriza in Sunday's Greek election, with a dip in the euro proving fleeting, and Greek stocks bouncing back from an early slump. Athens' main stock index slumped by ...

AXIS Capital and PartnerRe to Merge

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Enda Curran Axis Capital Holdings Ltd. and PartnerRe Ltd. said Sunday they have agreed to merge and form one of the world's biggest reinsurance and specialist insurance companies, a firm with a combined market value of $11 billion. The ...

Sika Says Controlling Family Can't Call EGM -- Update

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By John Revill ZURICH-- Sika AG claimed Monday that the Swiss chemicals company's controlling family no longer has the right to call an extraordinary general meeting, marking the latest twist in a 2.75 billion Swiss franc ($3.13 billion) takeover battle ...

Sika Says Controlling Family Can't Call EGM

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By John Revill ZURICH-- Sika AG claimed Monday that the Swiss chemicals company's controlling family no longer has the right to call an extraordinary general meeting, marking the latest twist in a 2.75 billion Swiss franc ($3.13 billion) takeover battle ...

Bundesbank's Weidmann Didn't Back ECB Program

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

FRANKFURT--German central bank President Jens Weidmann didn't vote in favor of the European Central Bank's large-scale bond-buying program, according to excerpts of a newspaper interview to be published Sunday. The ECB's governing council, of which Mr. Weidmann is a member, ...

German Business Confidence Exceeds Expectations

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Todd Buell FRANKFURT--Business confidence in Germany rose again to kick off the New Year, a widely watched survey showed Monday. The Ifo Institute's monthly indicator of business confidence increased to 106.7 in January from 105.5 in December, exceeding the ...

Germany: Greece Must Keep Reform Promises

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

BERLIN--Berlin on Monday signaled an uncompromising line toward the next Greek government, insisting Athens must adhere to the terms of the bailouts that the previous government had signed with international creditors, according to comments made by Chancellor Angela Merkel's spokesman ...

Packaging Companies MeadWestvaco, RockTenn to Merge -- Update

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Michael Calia Packaging companies Rock-Tenn Co. and MeadWestvaco Corp. on Monday said they agreed to merge in a deal with a combined equity value of about $16 billion. The deal comes as companies in the U.S. paper industry have ...

Markets Take Greek Result in Stride -- 3rd Update

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Tommy Stubbington Greek stocks on Monday felt the weight of the success of antiausterity party Syriza in the country's election, but the impact on European markets more broadly was mild. Athens' main stock index initially slumped by nearly 5%, ...

Markets Take Greek Result in Stride -- 4th Update

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Tommy Stubbington Greek stocks and bonds on Monday felt the weight of the success of antiausterity party Syriza in the country's election, but the impact on European markets more broadly was mild. Athens' main stock index initially slumped by ...

Medicare to Rework Billions in Payments

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

WASHINGTON--The Obama administration on Monday set an ambitious goal to rework hundreds of billions of dollars in Medicare payments to doctors and hospitals in an effort to end waste and make older Americans healthier. Health and Human Services Secretary Sylvia ...

Obama, Modi Say Progress Made on Range of Issues

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

NEW DELHI--President Barack Obama and Indian Prime Minister Narendra Modi said they made tangible progress on a range of issues with movement on civil nuclear tradedefense cooperation and climate change. With pageantry on full display, Mr. Obama was scheduled to ...

U.S. Futures, Asian Stocks Fall After Greek Election

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

The euro fell, touching the lowest level against the U.S. dollar and Japanese yen in more than a decade, while Asian stocks and U.S. futures tumbled after Greece's antiausterity Syriza party was projected to win the country's national elections, fueling ...

U.S. Crude Tests New Lows As Greek Elections Weaken Euro

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Eric Yep Crude-oil futures fell in Asian trade Monday with the U.S. oil benchmark dropping to its lowest level in more than 5 1/2 years as financial markets reeled in the wake of Greece's elections. Oil traders were cautious ...